Passive vs. Active Investing – Powerful Market Dynamics and Their Impact on IR
February 21, 2018 @ 12:00 pm ET
According to a July 8, 2017 Barron’s article, “Indexing has enjoyed a larger halo in recent years, and the exchange-traded-fund industry has been enthusiastically churning out new products. This has fired up an active-versus-passive debate that has become as enduring as Federer versus Nadal, as divisive as Democrat versus Republican.These trends and their impact on IR will be explored in a panel discussion with three market experts, representing viewpoints of the index fund industry, an active portfolio manager, and an IRO.
Learning Objectives: At the end of this program, participants will be able to:
- Explain the growth in passive investing over the past decade and its impact on equity market trading dynamics and valuations.
- Articulate issues important to passive investors and how IR is evolving to engage with them.
- Identify the anticipated risks and benefits of passive strategies in the event of a market correction.
If you are preparing for the IRC this year, this program will build on Domain 2: Capital Markets and Capital Structure; Domain 4: Marketing and Outreach; and Domain 10: Corporate Governance.Register today to attend what is sure to be a lively and informative discussion.
Phillip Brzenk, Director, Global Research & Design, SP Dow Jones IndicesPhillip Brzenk is Director, Global Research & Design, at S&P Dow Jones Indices (S&P DJI). Phillip is responsible for conceptualization, research and design covering global strategy, factor based, alternative beta and thematic equity indices.Prior to joining Global Research & Design, Phillip spent five years in the index management and production groups at S&P DJI, where he was involved in the index management of strategy and custom indices.
Phillip is a CFA Charterholder and a member of the New York Society of Security Analysts. He has a bachelor’s in Management with a concentration in Finance from the Georgia Institute of Technology.
Jack Fraser, Managing Partner and Co-Portfolio Manager, Seamark Capital LPJack Fraser is Managing Partner and Co-Portfolio Manager of Seamark Capital LP located in Philadelphia, PA. Jack co-founded Philadelphia-based Seamark Capital in 2000 and for the past 17 years has co-managed the Seamark fund, a long/short public equities investment partnership focused on growth industries. From 1996-2000, Jack was a Team Leader and Officer of Friess Associates and the Brandywine Funds equity mutual funds. Previous to that, from 1985-1996, Jack was Vice President, Institutional Equities, Credit Suisse First Boston. He began his career in finance with Merrill Lynch Capital Markets, Institutional Equities. He earned his M.B.A. in finance at The Ohio State University in 1983 and his M.S.B.A. in economics at Bowling Green State University in 1981.
Tim Quast, Founder and President, Modern IR
Tim Quast is an Investor-Relations veteran and founder and President of Modern IR. Launched in 2005, ModernIR is a financial technology company that uses Big Data analytics to translate complex market data into trading and investment behaviors for public companies. ModernIR pioneered the application of data-analytics to IR market intelligence and invented Market Structure Analytics™ for issuers and is now the largest provider of next-generation market intelligence to public companies.
A NIRI member since 1995, Tim is a frequent speaker and commentator on modern equity trading. His quotes on trading have appeared in leading media including the Wall Street Journal, Bloomberg, Financial Times of London, Reuters, Dow Jones, the Denver Post and the New York Times. His editorials on market structure run in trading publications including Traders Magazine, Dow Jones MarketWatch, CNBC Online and TABB Forum. Tim also appears regularly on CNBC’s Squawk on the Street.
NIRI Virtual Advocacy Update
February 27, 2018 @ 12:00 pm ET
Mark your calendars for our first Advocacy Update of the New Year and stay informed on the topics important to you and corporate executives. As part of NIRI National’s ongoing advocacy efforts, our speakers will address:
- Proxy advisory regulation
- Ambush activism, Brokaw Bill update
- Short-selling disclosure
- MiFID II
- SEC Commissioner appointments
- NIRI collaboration efforts with other advocacy organizations
- Gary LaBranche, NIRI President and CEO
- Ted Allen, NIRI Vice President, Strategic Communications
- Hala Elsherbini, NIRI Advocacy Chair
- Ron Parham, NIRI Board of Directors Chair Elect
Join us with your questions or send them in advance to firstname.lastname@example.org. We look forward to your attendance!
A Message from the Virtual Chapter Co-Presidents
Greetings members and friends of NIRI Virtual Chapter!
As we push to finish the year strong, we would like to extend our heartfelt thanks and gratitude to all who have partnered with us to stay on task and accomplish our goals. Participation in our educational programs has reached an all-time high and our board is highly engaged and focused on the health and well-being of our chapter. This year, we are working collaboratively with NIRI National to address the evolving needs of our members and promote the value of the IRC credentials. In fact, we will award two Virtual Chapter members an IRC scholarship that will cover exam fees and book expenses in 2018. Please visit our website for more information and application instructions.
We are also thinking about how we can help you stay informed with current issues and connected as a learning community. We want to meet you in 2018 and will be announcing dates and locations for our wildly popular NIRI Virtual Gets Physical event. In the past two years, we’ve brought IROs together in Birmingham, Buffalo, Des Moines, Omaha, Grand Rapids, Hartford, Nashville, Portland (OR) and Tulsa. If you are interested in attending or hosting an event in your city, please contact Jackie Powell. In addition, we are working on a developing a session exclusively for Virtual Chapter members at the 2018 annual conference in Las Vegas. We hope to see all of you there!
At the heart of what we do is our educational webinars. Our Professional Development Committee has put together an amazing schedule featuring thought leaders to keep us apprised of current trends and best practices in our field. In September, we kicked off the year with record attendance for “Be the Board’s Valued Partner” to strengthen IR competency, followed by an informative session on managing a successful proxy solicitation process, “Ensuring the Vote,” in October. We held three events in November, starting with an update on NIRI National’s ongoing advocacy efforts on The Hill, followed by a panel discussion focused on the effects of regulatory environment changes in “The Impact of the Evolution of Sell Side.” We closed the month, partnering with NIRI NY, to bring you “LinkedIn Quick Fixes and More to Maximize Your IR Brand.” Replays of past programs are accessible to members here. We have an equally packed roster of programs planned for 2018, which are listed on our website and on our LinkedIn company page, and hope you’ll take advantage of these learning opportunities.
In addition to all of our many volunteers, our sponsors are crucial to the success of our chapter. We would especially like to recognize and thank our Gold level sponsors: Broadridge, S&P Global and TalkPoint; Silver level sponsors: IPREO and Q4 and our Bronze level sponsors: Business Wire, Corbin Advisors, Craib Design & Communications and Pressley Johnson Design.
Wishing you a safe and joyful holiday with the people you cherish most,
Sheryl Joyce & Bernadette McCormick
Co-Presidents, NIRI Virtual Chapter
In an effort to help members round out their knowledge and skills, the NIRI Virtual Chapter (NIRI VC) is offering two Investor Relations Charter (IRC™) scholarships this year – awarding one winner for each exam date.
Who may apply for the NIRI Virtual scholarship?
Any NIRI Virtual member who has successfully passed either the March 2018 or June 2018 exam can apply for the scholarship. If you are considering taking the exam and want to determine your eligibility for the IRC exam, please visit www.niri.org/certification.
Testing Window Timelines
Scholarships are available to both March 3-10, 2018 and June 16-23, 2018 test takers. The two winners will be named at the beginning of the September 2018 Virtual Program. Scholarship winners will be reimbursed for testing and book expenses. Deadline for submitting your application for the March 2018 sitting is Monday, May 7, 2018. The application deadline for the June 2018 sitting is August 6, 2018.
All of those interested will be asked to provide NIRI VC’s Scholarship Committee no more than two type-written pages of information regarding:
- Current job role;
- Career goals (short-term or long-term);
- Commitment to continuing education (other courses/seminars);
- Involvement in NIRI;
- Expected benefit from the IRC;
- Financial need (i.e. do you have access to company financial support); and
- Background in IR or related fields.
Please email your written application and submit questions to NIRI Virtual’s scholarship committee: Sheryl Joyce: email@example.com, Bernadette McCormick: firstname.lastname@example.org, and Tripp Sullivan: email@example.com